Question: Please let me know what will be the standard quantity ? ACCA Past Paper 5 The Safe Soap Co makes environmentally-friendly soap using three basic

Please let me know what will be the standard quantity ?

Please let me know what will be the standard quantity ? ACCA

ACCA Past Paper 5 The Safe Soap Co makes environmentally-friendly soap using three basic ingredients. The standard cost card for one batch of soap for the month of September was as follows: Material Kilograms Price per kilogram ($) Lye 0.25 Coconut oil 0-6 Shea butter 0-5 The budget for production and sales in September was 120,000 batches. Actual production and sales were 136,000 batches, The actual Ingredients used were as follows: Material Kilograms Lye 34,080 Coconut oil 83.232 Shea butter 64,200 Required: (a) Calculate the total material mix variance and the total material yield variance for September. (8 marks)

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